The Philippine Stock Exchange has issued a warning about phony blockchain investing linkages

In terms of digital money or blockchain technology, the Philippine Stock Exchange does not currently provide any products. Investors have been contacted by scammers posing as representatives of the exchange. The con artists promise investors profits of up to 30% or $2,000 a day if they stay with them for a year in exchange for investing in their bogus company. According to the Philippine Stock Exchange (PSE), cryptocurrencies are not traded on its exchange. According to PSE President and CEO Ramon Monzon, investors should exercise care and due diligence when engaging with social media accounts that "represent themselves as PSE personnel or agents."

It has been reported that the Philippine Stock Exchange (PSE) plans to build up a trading platform for digital assets soon. When it comes to providing such services, Monzon believes that the PSE's infrastructure is superior to other businesses'. Despite being created in 2012, the PSE has had little impact on the digital currency market.

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